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VCSC Daily - Fed announcement fails to rally Vietnam market - CTG, MBB, PVS, FPT

Market Commentary

28 Apr 2016

Last night the US Federal Reserve Bank announced that it would not increase interest rates this month. The VN-Index rallied on this news, but only for an hour. After reaching a peak above 597 around 10:00am, it then began a steady decline throughout the day

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